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Qantas is pulling plug on Jetstar Asia — and 500 jobs

Qantas shutters Singapore-based Jetstar Asia on rising costs, competition

Australia's Qantas Airways will close its Singapore-based budget airline Jetstar Asia, the group said on Wednesday, blaming rising supplier costs, high airport fees and strong regional competition. The shutdown of the 20-year-old airline next month will result in up to 500 job losses,

Bloomberg · 2d

Qantas Says Singapore Airport Costs Fueled Jetstar Asia Cut

Qantas Airways Ltd. said low-cost subsidiary JetStar Asia will close next month, freeing up as much as A$500 million ($327 million) in capital to fund the group’s fleet renewal program.

Business Insider on MSN · 2d

Qantas is pulling the plug on Jetstar Asia — and 500 jobs

Qantas blamed rising costs, high airport fees, and stiff competition in Asia for closing the Singapore-based budget airline after more than 20 years.

CNN28d

‘Mega yet cozy’: Singapore’s Changi Airport breaks ground on new terminal

Now, Singapore is expanding its national airport, breaking ground this week on a fifth terminal that is due to open in the mid-2030s. Singapore’s Prime Minister Lawrence Wong led the official ...

10d

S’pore’s investment in Changi Airport Terminal 5 coming at the right time, says Iata chief

E Asia among the fastest growing air markets, he said. Read more at straitstimes.com. Read more at straitstimes.com.

National Trades Union Congress exploring options to match retrenched Jetstar Asia staff to roles at SIA Group: Labour chief

SINGAPORE: The National Trades Union Congress (NTUC) is exploring possible opportunities to match retrenched Jetstar Asia ...

Singapore plans to take global trade and logistics to a new frontier

With its optimal infrastructure and connectivity, the city state has established itself as a global hub that remains agile as ...

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